2910 Acresite ST Los Angeles, CA 90039
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB25089239
HOA Y/N No
Year Built 1965
Lot Size 10,084 Sqft
Property Sub-Type Mixed Use
Property Description
With a generous 4,898 square feet of living space on a 10,082 square foot lot, this property is designed to accommodate and impress. Upgrades include, new electrical panels in each unit, updated main electrical panel, updated dual pane windows on front units, fresh exterior paint. Updated kitchens, bathrooms and flooring in two of the units. Located on a prominent corner lot next to an entrance of the Los Angeles Riverwalk, this property is poised to benefit from the ambitious North Atwater East Bank Riverway Project. This project promises to transform a 2.2-mile stretch into a multi-use, accessible riverway, perfect for recreation and leisure. This enhancement not only augments the lifestyle appeal of the area but also positions the property for significant rental value appreciation.
Investors will find exceptional potential here, with over a 39% upside in gross rent collections as demand in the area continues to rise. Don't miss the opportunity to capitalize on this value-add deal in one of LA's rapidly developing neighborhoods.
Explore your investment potential at 2910 Acresite Street—where urban living meets strategic opportunity.
Location
State CA
County Los Angeles
Area 606 - Atwater
Zoning LAR1
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned
Pool None
Community Features Suburban
Total Parking Spaces 10
Private Pool No
Building
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5437026001
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Virtual Tour https://www.2910acresite.com/
Lease Land No
